Vid Global Solutions Ltd
12321495
Some Concerns
- Current liabilities exceed current assets (-10)
- Going concern doubt noted in accounts (-10)
Details
Compliance
Accounts
Confirmation statement
Industry
Officers
Persons with Significant Control
Mrs Kajal Shetty
British · England · Age 43
4, Vauxhall Gardens, Tonbridge, TN11 0LZ
Notified 19/11/2019
Mr Suresh Shetty
British · England · Age 50
4, Vauxhall Gardens, Tonbridge, TN11 0LZ
Notified 19/11/2019
CompanyRankvs 1024+ SIC 64991 peers49
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How is this score calculated?
Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.
Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.
Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.
One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.
Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.
Risk deductions
Going concern doubt: -10 pts
Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.
Going Concern Doubt
and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. 2.2. Going Concern Disclosure The directors have not identified any material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going
Key FinancialsYear ending 31/03/2025
Net Worth
£53k
Balance sheet strength
Cash
£13k
Cash in the bank
Net Current Assets
£23k
Working capital
Current Assets
£30k
Current Liabilities
£7k
Fixed Assets
£30k
Debtors
£18k
Balance Sheet
EstimatesDerived
| Year | Current Ratio | Implied Profit |
|---|---|---|
| 2025 | 4.21 | -£2k |
| 2024 | 2.63 | +£9k |
| 2023 | 1.15 | — |
Derived from filed accounts. Not audited figures.